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Thursday, March 5, 2015

ABA Council Meets with Fed Board

All five Fed governors met with the American Bankers Council, ABA’s peer group for CEOs of mid-sized banks. The bankers engaged for an hour with the Fed board on such topics as tailored supervision -- particularly the need to revise the arbitrary asset thresholds in the Dodd-Frank Act and related regulations -- the impact of the prolonged period of low interest rates on lending and saving, the market impact of new Basel liquidity rules and the importance of regulatory reform for housing and mortgage markets.

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